Kuala lumpur: Petronas has no plans to reduce oil and gas production in Sabah, despite the global oil and gas industry facing the challenge of a sharp drop in prices, said Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said. She emphasized that the federal government, along with the country's multinational oil and gas companies, is closely monitoring the developments in world oil prices, including the impact of price fluctuations on the local oil and gas industry.

According to BERNAMA News Agency, Azalina stated that the management of oil and gas production, including in Sabah, is carried out based on comprehensive considerations and is not solely determined by short-term price changes. Her comments were in response to a query from Datuk Seri Dr Jeffrey G. Kitingan (GRS-Keningau) on whether the government and Petronas planned to reduce oil and gas production in Sabah to conserve the resource following the sharp drop in world oil prices.

Azalina further explained that production management decisions take into account the long-term needs to ensure the security and continuity of the country's energy supply, maintain industrial stability, and generate income for the country and producing states.